Should We Donate Part of Our Inheritance to Charity?

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4.6 • 6.3K Ratings

🗓️ 29 March 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Steve and his wife inherited a large amount of money from his father-in-law and it's causing conflict in his marriage because Steve thinks they should donate some of the money to charity. Searching for advice? Call 1-800-DR-LAURA / 1-800-375-2872 or make an appointment at DrLaura.com

Transcript

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0:00.0	Thanks for downloading my call of the day podcast. You too can participate in my live radio program
0:06.8	heard weekdays from 2 to 5 p.m. Eastern time on Sirius XM Triumph 111.
0:12.4	Steve, welcome to the program.
0:15.0	Hey, Dr. Warren, how are you today?
0:18.0	Good. What can I do for you?
0:20.0	I appreciate you taking my call.
0:22.0	So I have a conundrum that certainly, I think, or I'm hoping you can bring some clarity to.
0:28.7	So my wife's stepfather recently passed away and named my wife and I only in his trust.
0:38.1	The trust was...
0:41.1	He put your name in there yeah both of us in there were jointly etc etc so
0:50.0	because we're very close and he and I had dozens of conversations some of them with my wife too about charity and about him giving part of his estate to charity and in that trust there's nothing that says anything about charity. He left so
1:06.4	much that I probably couldn't spend the money in 10 lifetimes. We were shocked to see how much it did. And I said, yeah, I said to my wife, we really should
1:18.8	give 10%, 20% charity. Let me stop you. Let me stop you.
1:23.0	Whatever he said in conversations, he didn't do.
1:27.0	That's right, that's true.
1:30.0	And you're, neither do you nor your wife is obligated to do it either.
1:38.5	So even though he and I had dozens of conversations about it,
1:42.0	Okay, let me say it again. Of your dozens of conversations about it. Okay, let me say it again.
1:44.0	Of your dozens of conversations, he didn't leave it to charity.
1:47.6	He left it to his stepdaughter.
1:50.1	I mean, that's true a hundred percent true okay so stop reporting to me how many
1:58.9	conversations you had he didn't do it he all talk. That's not what he did.
	...

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